Oracle’s Earnings… Alligator Arms (ORCL)
Oracle Corp. (NASDAQ: ORCL) was having a rough day ahead of its earnings and things don’t look much better after the report. The CRM leader posted a 5% rise in income of $1.1 billion,…
All Work
Douglas A. McIntyre
Shanda IPO Taking Shape (SNDA, GAME, CYOU, SOHU)
The spin-off IPO for Shanda Games Limited (NASDAQ: GAME) is coming next week and the company has set the expected price band for its 63+ million American Depositary Shares in range of $10.50 and…
How Much Higher Can Omniture Bid Fetch? (OMTR, ADBE, MSFT, GOOG, TWX)
Omniture Inc. (NASDAQ: OMTR) seems like another niche ad-tech play that has gone on over the recent years, but it could possibly be much more. Adobe Systems, Inc. (NASDAQ: ADBE) gave a $21.50 per…
Oracle Earnings and the Shade of the Sun (ORCL, JAVA)
Oracle Corp. (NASDAQ: ORCL) is on deck for earnings after the close of trading today. The consensus estimates from Thomson Reuters are $0.30 EPS and $5.25 billion in revenues. The $0.30 EPS figure is…
24/7 Wall St TV: A Real-Time 500 Largest Companies In America
There are a number of lists of the largest US public companies and the largest companies from overseas. These are published by several business magazines both in their print editions and online. These lists…
The DJIA 10,000 Psyche (AIG, C, DIA, SPY, GLD)
While everyone is stuck talking about the one year anniversary of the Lehman implosion and the real start of the next-to-last big leg down in the financial sector, there is a significant development taking place…
Shaking It Up in Weekly Oil Inventories (OIH, USO, OIL)
The weekly data on oil inventories from the Department of Energy is out and we are seeing another bullish yet mixed bag here in the numbers for oil prices. We are also watching the…
Buffett Visits Planet of Women (BRK-A, KFT, CBY, WLP, UNH)
CNBC’s Becky Quick interviewed Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) at a very unusual venue this morning…. Fortune’s Most Powerful Womenconference. The mainstay part of the discussion was the ‘one-year later after” that…
Top Day Trader Alerts (AEZS, KERX, AGCO, ACAS, CTIC, C, FLEX, CLS, SANM, JBL, OMTR, ADBE)
These are this Wednesday morning’s top pre-market day trader alert and active trader alert stocks moving on unusual trading volume. We have a link through to more color and analysis on price and volume…
Unemployment In Developed Nations Hits Post WWII High
Someone forgot to tell employers that the recession is over. The OECD reports that unemployment among developed nations has reached a post-WWII high. In its latest employment outlook the agency said that the unemployment…
Top Analyst Upgrades (AET, AMZN, AMX, BJ, CAL, ERTS, FO, FPIC, HUM, MAR, HOT)
These are this Wednesday morning’s top analyst upgrades and positive research calls that we have seen from Wall Street: Aetna (AET) Raised to Neutral at Goldman Sachs. Amazon.com (AMZN) Raised to Buy at BofA…
Top Analyst Downgrades (ADBE, ABX, CVH, FCL, MSO, MIR, S, VZ)
These are this Wednesday’s top pre-market analyst downgrades and cautious research calls we have seen from Wall Street firms: Adobe Systems (ADBE) Cut to Hold at Jefferies. Barrick Gold (ABX) Started as Reduce at…
Deficit Not Hurting Obama Ratings, Yet
Whether people blame President Obama for growing deficits or not, his job approval rating is holding its own. A new Bloomberg poll of 1,004 adults conducted between September 10 and September 14 shows Obama…
Facebook: 300 Million Users And Low Revenue
Facebook bragged that it has hit 300 million users. The firm’s CEO said, “It’s a large number, but the way we think about this is that we’re just getting started on our goal of…
World’s Airlines To Lose $11 Billion In 2009
The global airline industry, still staggering from huge losses and bankruptcies late last year caused by oil prices that moved over $140 a barrel, is not doing much better in 2009. Low passenger traffic…
The Recession Is Dead, Long Live The Recession
Professor Bernanke made it official by saying the recession is almost certainly over. He has to be conservative when he speaks because he does not want his comments as Chairman of the Federal Reserve…
Media Digest 9/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Obama’s move on trade with China makes good on a promise to labor. Reuters: Uninsured Americans hope healthcare reform will bring them coverage. Reuters: Adobe (ADBE) will buy Omniture for $1.8 billion. Reuters: …
Asia Markets And Europe Open 9/16/2009
Markets in Asia were mixed. The Nikkei rose .5% to 10,271. The Hang Seng was up 1.8% to 21,231. The Shanghai Compsite fell 1.1% to 3,000 At the open in Europe, the FTSE was…
Lehman Says Barclays (BCS) Took $8.2 Billion Too Much
Lehman Bros. has misplaced $8.2 billion and believes that Barclays (BCS) may have made off with it. Barclays bought some of Lehman’s assets after the investment house filed Chapter 11.
The End To “Free” At The Wall Street Journal
It costs money to subscribe to the print edition of The Wall Street Journal. The price is $2.29 a week to be exact. The newspaper also charges for its $1.99 a week for its online edition.…